On the recordMay 17, 2021
I rise on tax day. Teachers, cops, single moms, seniors, veterans, middle-class Americans--I am here to speak for all of them today, to be their voice in the fight against a tax provision that punishes States like New Jersey for investing in its residents. In States like mine, our State taxes go toward paying for top-tier public schools, investing in infrastructure and open spaces, and supporting a prevailing wage for our unions. That is why people move here. That is why families stay for generations. But without the ability to deduct State and local taxes, calling New Jersey home is becoming less and less viable for our middle-class residents. Seniors are rethinking retiring in New Jersey; married couples are rethinking starting a family in New Jersey; young people are rethinking moving back to New Jersey after college. The bottom line is, you don't have to be a millionaire to be impacted by the SALT cap, and New Jersey families are getting taxed twice. The time is now to bring relief to everyday middle-class New Jersey residents who are getting crushed by this cap. ____________________
Source
govinfo.gov




